
Federal Spending & The Budget | |
Identifying Government Waste |
The group Citizens Against Government Waste (CAGW) has produced its latest annual study of ways to cut pork barrel spending and says taxpayers could save $1.2 trillion through judicious spending cuts which wouldn't greatly affect government services. Here are a few highlights:
Then the Pentagon could save $10 billion over five years if Congress would allow it to close superfluous military bases and other facilities. Privatizing the Energy Department's four Power Marketing Administrations would save $18 billion -- with another $2.5 billion realized by getting rid of the Tennessee Valley Authority. Then CAGW identified $1 billion of waste at the Environmental Protection Agency -- which hands out grants to nonprofit groups, which turn around and use the money to lobby for EPA programs. Source: Macroscope, "Cutting the Waste," Investor's Business Daily, July 14, 1999. For CAGW text
http://www.cagw.org/publications For more on Reducing Spending http://www.ncpa.org/pd/budget/budget-5c.html |
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